At the beginning of June, the ECB and the EU declined to target Italy with excessive debt routines. And now, lovey Dovey Christine Lagarde takes over where Mario Draghi quit.
For the most part, for Italy, there is not a German central bank at the helm.
Happiest Man in Europe
Expecting More Balance Works
] German 10-year Dividend
The Watch Shift
I agree with the above-mentioned tweets by Daniel Lacalle.
Meanwhile pay attention to the shift: Winner France: Time of Germany Has come and gone
Mike "Mish" Shedlock